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Friday, 29 February 2008 10:49

EA has competition for Take-Two

Written by

Image

Other offers
made


EA's
attempted $2 billion takeover of Grand Theft Auto publisher, Take-Two, might not be a done deal, according to the Wall Street Journal.

SEC filings show that Take-Two claims it has received other offers, but has spurned those, as well, as the original $2 billion offer EA made. Take-Two quickly issued its own announcement, saying it thought EA's offer was too small and that it would prefer to wait to have any negotiations with anyone until after the April 29 release of Grand Theft Auto IV.

EA wanted the deal done before GTA IV's premiere. Its interest is at least partly in response to the recent acquisition of Activision by Vivendi. It is not clear who else is making offers to Take-Two.

More here (subscription required)
Last modified on Friday, 29 February 2008 17:48

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